Processed food market size in South Korea 2012-2018

This statistic shows the size of the processed food market in South Korea from 2012 to 2018. In 2018, the processed food market size in South Korea amounted to around 84.66 trillion South Korean won, increased from about 80.62 trillion in the previous year.

Size of the processed food market in South Korea from 2012 to 2018

Market value in trillion South Korean won
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Source

Release date

December 2019

Region

South Korea

Survey time period

2012 to 2018

Supplementary notes

In order to calculate the size of the processed food market, the following formula was applied:
Market size = (Production value) - (Export value) + (Import value)

Processed food industry in this statistic may include processed food, health functional food, food additives and food packing business.

Note: 1,000 South Korean won equal 0.86 U.S. dollars and 0.77 euros as of January 2020.

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